The parody news site The Daily Currant has fooled many people with its humorous news reports. A recent piece claimed Obama was going to forgive all student loan debt.

Obama Announces Plan to Forgive All Student Loans

President Obama announced a plan today to forgive 100 percent of all federal student loans in the country.

In a speech in Scranton, PA the president told an assembled crowd that it was unfair to hold college graduates to promises they made as students and outlined his vision for ending all student loan payments by the end of the year.

“Just because someone borrowed a bunch of money doesn’t mean they have to pay it back,” he explained to a friendly crowd at Scranton University. “This isn’t 19th century England. This is America. And in America we’ve always believed in second chances.

“In today’s economy a university education is more important than ever. Where would successful people like Bill Gates, Steve Jobs, Tom Hanks, Brad Pitt or Mark Zuckerberg be without their college diplomas? These days skipping college just isn’t an option, but neither is continuing to pay for increasingly expensive tuition.

“We need colleges to teach our young people useful skills like sociology, gender studies and postmodern Moldovan literary analysis. But the most important thing we need to teach them is responsibility. And what better way to teach responsibility than to hold these banks accountable for the terrible loans they’ve made.”

As Twitchy now reports, many people wanted to believe that story was true.